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IMF's latest economic forecast of July 17, 2008

07/20/08

Permalink 08:36:04 am, by editor of MarketObservation.com Email , 57 words   English (US)
Categories: Economics Global

IMF World Ecnomic Outlook: IMF Gloomy on Growth, Sees Rising Inflation Threat, July 17, 2008

In its updated economic forecast of July 17, 2008, the IMF sees following major trends:

  • Global economic growth to slow significantly in second half of 2008
  • Rising energy, commodity prices have boosted inflationary pressure
  • Need to adapt to shift in purchasing power from commodity users to producers

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